Posted on 10/23/2014 5:41:10 AM PDT by rjbemsha
A lot of big corporate management is skilled in lying, manipulating, and playing politics. When it comes to actual leadership, they are lemmings who follow trends.
There’s also the desire to reduce having your company’s intellectual property and trade secrets stolen, and seeing cheap knockoffs/counterfeits of your product appearing shortly after starting Chinese manufacture of it.
Step 1: Say BRING BACK AMERICAN BUSINESSES.
Step 2: See Step 1.
I wouldn’t doubt high shipping costs are a big part of this. Most everything moves by truck here, and products probably won’t get cheaper by a fraction even if transport costs drop. Like temporary taxes that never go away,
Nope just finances - wages are up in China, partially due to imposed increases, and logistics have also seen an increase. Payback has been falling for about 10 years and now has started to swing the other way.
India isn’t in quite the same situation - but they have other issues ranging from availability of certain commodities at reasonable prices to infrastructure delays, etc.
If things become unstable in China they could go Venezuela in a heartbeat and start expropriating all of their plants.
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